"This is an institutional matter," Saban said. "It's not an NCAA matter, which has been verified by the NCAA. So anybody that's out there worried about that doesn't need to really think too much about it."

We're working on independent verification from the NCAA and SEC on this. But regardless, this would appear to be very welcome news for the Crimson Tide.

UPDATE 5:03 p.m. -- NCAA spokesperson Stacey Osburn sent this statement: "I can confirm that the NCAA has been in contact with Alabama, and that the institution is handling the matter."